The average condo size used to estimate the Government Land Sales (GLS) Programme’s housing supply has shrunk again, as Singapore keeps up with market trends.
A Business Times analysis revealed that in the 1H2012 GLS Programme, the average size in terms of gross floor area (GFA) for private condo sites in the Outside Central Region (OCR) and Rest of Central Region (RCR) were trimmed to 95 sq m and 85 sq m respectively, less by five sq m than in the current 2H2011 programme.
The average home sizes for executive condo (EC) sites, however, were unchanged at 100 sq m in the OCR, where suburban mass-market homes in areas like Ang Mo Kio, Jurong and Sembawang are located.
A spokesman from the Urban Redevelopment Authority (URA) noted that it regularly reviews space standards for GLS sites.
“In these reviews, we take into account the sizes of residential units in housing projects (including ECs) which have obtained planning approvals in recent years. The most recent review, which covers residential projects in all locations, was done this year and the updated space standards were adopted for the H1 2012 GLS Programme.”
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